* For the first-time registration, we recommend that you make your initial deposit after your account is created. To deposit, you can either follow the instruction under the Funding Information or login to your account and use the Deposit*

Trading Rules

Hedging

Hedging is taking on both Long and Short positions of the same size in the same product simultaneously in order to reduce the risk in an adverse market. This involves opening a position in the opposite direction of the same size as the initial opened
position. Hedging will reduce the initial margin to ¼ of the original amount.

Liquidation

Bacera's trading platform will automatically liquidate all opened orders when client's Total Equity balance falls below 100% of the Initial Margin Requirement.

Derivative Markets can be volatile, and Clients should be aware that prices on CFD instruments may fluctuate rapidly over wide ranges. Prices depend on a number of factors, including interest rates, supply and demand, and government actions. Clients should keep in mind that during such volatile market conditions Stop Loss orders may not be honored at the price requested by the Client. It is possible that the market may "skip" the Stop Loss order price due to a significant market event.

Limit Order / Stop Gain / Stop Loss

When there is a price gap during volatile market conditions, pending orders may be cancelled if the current market
price reaches the designated order price but the trading account has insufficient margin.

Buy Stop: An order to execute a transaction in anticipation of the CFD price, having reached a certain level, will continue to increase.

Sell Stop: An order to execute a transaction in anticipation of the CFD price, having reached a certain level, will continue to fall.

Buy Limit: An order to execute a transaction at a specified price (the limit) or lower.

Sell Limit: An order to execute a transaction only at a specified price (the limit) or higher.

Pending Orders on Weekends / Friday / Holidays

Upon the market re-opening on Monday or after a Holiday, the price may have gapped. Take Profit Orders/Stop Loss Orders are not guaranteed to be executed at the prices set by the customers. The will be honored at the executable price after the market opens.

Irregular/Illegal Trading Definitions and Practices

Irregular/illegal trading definitions and practices include but are not limited to:

Trading Accounts that routinely open and close multiple positions within 1-3 minute time frames, or use the Pending Order function for irregular opening and closing of positions.

An abnormal change in trading volume. For example, typical transaction size changes from 0.1 to 0.5 per lot into 2-20 per lot.

Using two or more trading accounts to hedge transactions against each other.

Using malicious software or plug-ins to affect the functionality of the trading platform.

If Bacera Co Pty Ltd's Compliance Department suspects any irregular or illegal activity on any trading account, the account's funds will be frozen, and there will be in-depth investigation that may take up to 30 business days. If clients were referred to Bacera Co Pty Ltd by a Affiliates Party, the rebates and commissions generated by the account will also be frozen, pending the completion of an investigation.

If it is confirmed that irregular/illegal trading has occurred, Bacera Co Pty Ltd has the right to terminate the trading account immediately, and release the balance of the account back to the Client (excluding any profits arising from irregular/illegal transactions). The rebates and commission generated by the account will not be released, and Bacera Co Pty Ltd will retain the right to cancel the Affiliates Party Agreement with Bacera Co Pty Ltd, and pursue further legal action, at the company's discretion.

Bacera Co Pty Ltd retains the right of the final interpretation of what constitutes irregular or illegal trading.

Telephone Transactions

To ensure quality service, when a Client's local internet, personal computer, or electronic trading platform fail to function properly, telephone transactions can be placed. Client account numbers and passwords are needed to perform telephone transactions. Phone passwords are provided for trading accounts upon opening.

Telephone transactions are for trading purposes only. No financial advice will be provided.

Statements

Daily and monthly statements may be printed from the trading platform for reference. It is very important to check the content of the reports in detail and notify Bacera Co Pty Ltd within 2 business days if there are any errors and/or discrepancies on the report. After 2 business days, any corrections and/or adjustments to any errors or discrepancies will be made solely at the discretion of Bacera Co Pty Ltd.

Changes to Trading Rules

Bacera Co Pty Ltd reserves the right to make any changes to the trading rules. Changes in Margin Requirements will be announced on Bacera Co Pty Ltd's website and will take effect immediately.

Risk Warning

Trading Contracts for Difference carries significant risk, and may not be suitable for all investors.
Before deciding to trade the Contracts for Difference offered by Bacera, you should carefully consider
your financial objectives, situation, needs, and level of experience. We recommend that you seek independent
professional financial advice and ensure you fully understand the risks involved before trading.
Bacera is the trading name of Bacera Co Pty Ltd (ACN 130 877 137), AFSL 328794. For more details,
please click to view the Risk Disclosure Addendum.

Bacera is the trading name of Bacera Co Pty Ltd, Australian Company Number (ACN) 130 877 137, Australian Financial
Services Licence (AFSL) No.328794 . Bacera Co Pty Ltd makes no recommendations as to the merits of any financial product
referred to in this website, emails, or related material(s). Information contained on this website does not take into
consideration prospective client's trading objectives, financial situation, or investment needs. Bacera recommends that
prospective clients read our
Product Disclosure Statement and the
Financial Services Guide,
as well as seek independent professional advice, before making any decision concerning Bacera's products.
Please note that if Bacera’s financial services are being provided from a location outside of Australia, Bacera’s AFSL and Australian regulation only applies to the financial services provided to Australian residents only.
Due to regulatory restrictions Bacera Co Pty Ltd does not accept applications from US citizens.

* Information contained within the following document is provided as general market information, and does not constitute
investment advice. Bacera has taken reasonable measures to ensure the accuracy of this information, however, we do not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from this content.

Trading Arrangements for US Election Day

Due to the United States presidential election which held on November 8, 2016, Bacera Co Pty Ltd would like to announce that special trading arrangement will be take place after market closure of November 7, 2016.

Margin Requirements:

Leverage 1:200 will be adjusted to 1:100

Leverage 1:400 will be adjusted to 1:200

*Above adjustment will be resumed upon the stabilization of the market

All Limit Order/Stop Gain/Stop Loss Levels:

-Forex: Minimum price must be the prevailing market price from the price of at least 200 or more.

-Gold: Minimum price must be the prevailing market price from the price of at least 400 or more.

-Silver & US Crude Oil: Minimum price must be the prevailing market price from the price of at least 40 or more.

-Indices: Minimum price must be the prevailing market price from the price of at least from 40-800 or more.

-Stocks: Minimum price must be the prevailing market price from the price of at least from 20-80 or more.

*Above adjustment will be resumed upon the stabilization of the market

Trading Spreads:

Under volatility market circumstances, the spreads may widen until market stabilized.

We would like to notify all customers that under abnormal market conditions, must be fully understands the risks involved in trading financial instruments. It is Client’s responsibility to monitor and manage their open positions actively, and also paying attention to the Maintenance Margin Requirements. It is the responsibility to the Client for the awareness of any changes to the Margin Requirement or trading condition right now.

*In case of extreme volatility and illiquidity market conditions, some of the instruments might change to Close Only.

If you have specific questions about the above announcement, please feel free to contact us by our 24 hours customer support live chat or by email at info@bacera.com.au.

Trading Schedule during U.S Winter Time

To help you plan your trading more effectively, we would like to inform you that the trading hours for Forex CFDs, Precious Metals CFDs, USOIL CFDs, Indices CFDs and Stock CFDs will be rescheduled due to U.S. Winter Time which will start from 06 November 2016 (Sunday).